Vancouver-based Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. The company’s portfolio of capabilities include: microwave components, turnkey maritime navigation and communication systems, fixed or mobile maritime satellite systems, and end-to-end network services.

The company announced today their financial results for the three and nine month periods ended on September 30, 2009. Here are some of the highlights:

• Third quarter revenue increased to $5.1 million from $4.9 million in the 2008 3rd quarter • Revenues for the first nine months of 2009 increased 27% to $15 million compared to $11.8 million for the same period in 2008 • Net earnings for the first nine months of 2009 was $1.7 million, or $0.03 per share, compared to net earnings of $0.9 million, or $0.02 per share, for the same period in 2008 • The company increased their cash position to $7.2 million as of September 30, 2009 from $5 million

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Telus Corp (TU), Canada’s second largest telecom carrier, has officially announced the launch date and pricing of Apple’s (AAPL) iPhone (3G and 3GS). The company will commence selling the highly popular device on Nov 5, 2009. Moreover, Telus will also unveil its new HSPA (high speed packet access) based 3G wireless networks on the same day to support the iPhone launch.  Telus will sell iPhone 3G (8GB) for $99.99 with a 3-year contract and for $599.99 without any contract. The company has priced iPhone 3GS (16 GB) at $199.99 with a 3-year contract and $699.99 without contract. The 32 GB version of iPhone 3GS will be sold for $299.99 (with contract) and $799.99 (without contract).  Canada’s largest wireless carrier Rogers Communication (RCI) has been the sole distributor of iPhone in the country since July 2008, leveraging its GSM and HSPA wireless networks. However, the ...

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East.

Powerwave Technologies, Inc. (NASDAQ:PWAV), a global leader in end-to-end wireless coverage and capacity solutions, today announced that Technology Marketing Corporation (TMC) has awarded Powerwave with a 2009 4GWE LTE Visionary

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South Korea’s largest wireless carrier SK Telecom (SKM) announced plans to introduce its fixed-mobile substitution (“FMS") service. Assuming near-term approval of the service by the telecom regulator Korea Communications Commission, the company targets the commercial launch on Nov 1.   FMS refers to use of cellular handsets instead of wired or cordless landline phones for communication. This entails migration of voice minutes from fixed-line to wireless networks. FMS differs from fixed-mobile convergence, which allows users to switch between fixed-lines and mobile networks using a single dual-mode handset and two different technologies. Currently, FMS services are widely available in Europe.     SK Telecom’s FMS service allows customers to make calls within a designated area (called “Discount Zone") under the company’s network coverage. These calls will be charged at a discount rate which is the same as fixed-line VoIP (Voice-over-Inernet Protocol) service. Currently, tariffs levied on fixed-line VoIP ...

Bell Canada , the subsidiary of incumbent Canadian telecom carrier BCE Inc (BCE), and Telus Corp (TU) have reportedly inked agreements with Apple Inc (AAPL) to market iPhone (3G and 3GS) in Canada in November 2009. This will effectively end the country’s largest wireless carrier Rogers Communication’s (RCI) exclusive distribution rights to the popular handset. Since July 2008, Rogers Communication has been the sole Canadian carrier to market iPhone in the country as the device is compatible with the company’s GSM and HSPA (high speed packet access) based wireless networks. In contrast, both Telus and Bell Canada currently operates CDMA based networks which does not support the revolutionary smartphone. Rogers continues to enjoy greater share of the Canadian wireless market driven by strong customer additions on a quarterly basis, given its iPhone advantage. Bell Canada and Telus remain behind in terms subscriber growth. ...

Omnicity Corp. provides broadband access, including advanced services of voice, video and data, in un-served and underserved small and rural markets. The company aims to be the premier consolidator of rural market broadband nationwide. Leveraging management expertise, Omnicity’s strategy is to provide a total broadband solution and continue rapid growth through acquisitions, organic growth and partnerships with Rural Electric Municipal Cooperatives and Rural Telephone Companies.

The company’s target markets are locations better suited to wireless transmissions than traditional hard-wire operators. It has been estimated that at least 40 million rural and small market homes, businesses, government agencies and schools have inadequate high-speed Internet service, representing a large growth opportunity.

Building a nationwide wireless network, Omnicity will be able to deliver high-speed Internet access to rural subscrib¬ers more cost-effectively than traditional cable or fiber optic models since hard-wire systems are gener¬ally much more expensive to build than wireless networks. Reduced network

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Massive deployment of high-speed wireless networks throughout the world has opened up a new market for telecom outsourcing and managed services for several telecom equipment manufacturing firms. The next-generation (3G/4G) wireless networks are aiming to cope with substantial demand for high-speed wireless data services and mobile video.  Telecom service providers are now typically looking at providing the converged IP-based network, offering bundled solutions for triple play voice, video and data. This requires the implementation of complex network architecture.  The telecom outsourcing market generally includes network implementation & maintenance, system integration & managed services, and consulting. In order to minimize their costs, carriers try to concentrate on developing new services, implement a service-oriented business model and marketing.  The market for basic network operation is increasingly seeing the entry of infrastructure suppliers. This generates a huge opportunity for telecom equipment manufacturers to encash.  According to various industry ...

Qwest Communications (Q) introduced a new fiber-based Ethernet backhaul wholesale service for wireless operators. The service is called Qwest Mobile Ethernet Backhaul, which leverages the company’s fiber-to-the-node (“FTTN") network (currently used for residential broadband service) to extend fiber connections to cellular sites. This will offer the wireless operators a major upgrade from their existing copper-based wireless backhaul networks.   Cellular operators across North America are aggressively investing to replace their copper connections to faster fiber optic connections. Approximately 75% of backhaul connections are on copper in North America, thereby creating a significant bottleneck in supporting increasing data traffic on next-generation wireless networks. Tier-1 carriers such as AT&T (T) and Verizon (VZ) have started to upgrade their cell sites to fiber as they prepare for 4G wireless service deployments.           Mobile Ethernet Backhaul service is tailor made to fit the requirements of the wireless service ...

  Incumbent German telecom carrier Deutsche Telekom (DT) is evaluating the acquisition of Sprint Nextel (S), the third largest US carrier. The company has reportedly initiated discussions and may submit a bid in the coming weeks. Deutsche Telekom operates in the US through its subsidiary T-Mobile USA, which is the fourth largest US wireless carrier, with 33.5 million subscribers.   Sprint has a current market valuation of $10.8 billion with a total debt position of approximately $21 billion. In order to finance the potential multi-billion dollar deal, Deutsche Telekom may need to seek funding from its shareholders, including the German government, which holds 32% stake in the company. Deutsche Telekom is pursuing several initiatives to revive its struggling business operations across Britain and the US. The company has recently announced the merger of its British subsidiary T-Mobile UK with France Telecom’s (FTE) Orange UK ...

Yesterday, Altera Corporation (ALTR) raised its revenue guidance for the third quarter, driven by improving market conditions. The company now expects third quarter sales to be flat-to-up 3% on a sequential basis compared to the previous guidance of sales being down 1% – 5% sequentially. Management expects a broad-based improvement across all market segments except telecom and wireless. Management had earlier expected a slowdown in communications equipment deployment in China and seasonality in the telecom and wireless markets. Nevertheless, the decline in telecom and wireless now appears to have moderated in contrast to management’s anticipation as a result of better-than-forecast demand from OEMs supplying to Asian wireless networks. Additionally, design wins for the company’s newly launched 40-nm products continue to be very strong. Management expects third quarter sales of 40-nm products to come around $10 million, more than double from the second quarter. The upgraded ...